A federal judge in New York has given final approval to a settlement in which Apple will pay $450 million for its role in a conspiracy to fix prices for ebooks. Judge Denise Cote of the U.S. District Court in Manhattan called the settlement “fair and reasonable.” It requires Apple to pay $400 million to consumers who bought certain books between 2010 and 2012, as well as $50 million in attorneys’ fees. Although the settlement is final, Apple only has to pay that amount if it loses its appeal of a 2013 price-fixing ruling. If the appeal is successful, Apple will pay only $50 million to ebook purchasers and $20 million to attorneys. A hearing on the appeal is scheduled for Dec. 15 in Manhattan. Lawyers for the ebook buyers have said they “strongly believe” that Apple’s appeal won’t be successful.To read this article in full or to leave a comment, please click here Continue reading at 'PC World'
[ PC World | 2014-11-22 00:00:00 UTC ]
Salesforce.com recently launched a new product called Social Studio in spite of the fact that an existing, competing product had already used that name for years, marketing software vendor StrongView Systems alleges in a new trademark-infringement lawsuit.Social Studio, which was launched in... Continue reading at PC World
[ PC World | 2014-07-22 00:00:00 UTC ]
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Oculus VR has accused game publisher ZeniMax Media of attempting to cash in on Facebook’s pending acquisition of the wearable virtual reality technology company.In a court filing challenging ZeniMax’s ownership claims in its virtual reality technology, Oculus also cited mail from a former... Continue reading at PC World
[ PC World | 2014-06-26 00:00:00 UTC ]
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Apple has reached an out-of-court settlement in the ebooks price-fixing lawsuit with U.S. states and a consumer group ahead of a trial for damages scheduled for July 14, according to records in a New York federal court.The iPhone maker will, however, continue its appeal of a verdict in July last... Continue reading at PC World
[ PC World | 2014-06-17 00:00:00 UTC ]
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A New York judge has given the go-ahead for a group to collectively sue Apple for damages over its collusion with publishers to fix the price of electronic books.Denise Cote, a judge at the U.S. District Court for the Southern District of New York, wrote in her approval of class status that... Continue reading at PC World
[ PC World | 2014-03-29 00:00:00 UTC ]
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New York's attorney general says buyers of electronic books will get account credits this week from five publishers from settlements reached after 33 states sued in federal court alleging they... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2014-03-25 00:00:00 UTC ]
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Apple had no knowledge that publishers were engaged in a conspiracy in December 2009 or at any other point, the company said in its appeal against a district court ruling which found Apple and five major U.S. publishers had conspired to fix ebook prices.The district court’s findings show that... Continue reading at PC World
[ PC World | 2014-02-26 00:00:00 UTC ]
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Apple will continue to be watched by an antitrust monitor during its appeal of a court order creating the position, a court ruled.While a setback for Apple, which had asked for a stay of the appointment of an external compliance monitor in an ebooks price-fixing conspiracy case, the ruling by... Continue reading at PC World
[ PC World | 2014-02-11 00:00:00 UTC ]
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In a filing with the district court, the Authors Guild gave notice that it is appealing Judge Denny Chin’s to dismiss its copyright suit over Google’s library scanning program. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-12-30 00:00:00 UTC ]
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Eight years after a group of authors and publishers sued Google for scanning more than 20 million library books without the permission of rights holders, a federal judge has ruled that the web giant's sweeping book project stayed within the bounds of U.S. copyright law. Continue reading at Wired
[ Wired | 2013-11-14 00:00:00 UTC ]
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The U.S. Federal Trade Commission has begun to send more than 58,000 refund checks to consumers who lost money to Green Millionaire, a company that promised a free book explaining how to power cars and homes at no cost, but then billed customers for an online magazine they never ordered. The... Continue reading at PC World
[ PC World | 2013-10-18 00:00:00 UTC ]
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A federal judge has appointed a former U.S. prosecutor as the monitor who ensures that Apple Inc. complies with a ruling from the ebook antitrust case the company lost this year. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-10-17 00:00:00 UTC ]
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A US federal judge has forbidden Apple from enforcing most favoured nation clauses in its... Continue reading at The Bookseller
[ The Bookseller | 2013-09-06 00:00:00 UTC ]
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Now when you buy a print book from Amazon, you might be able to get a cheap ebook version of the same title. Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-09-04 00:00:00 UTC ]
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A federal judge took Apple to task on Friday for showing no contrition about potentially defrauding its customers of hundreds of millions of dollars. "None of the publishers nor Apple have expressed any remorse" about colluding to fix electronic book prices in 2010, said District Judge Denise... Continue reading at PC World
[ PC World | 2013-08-10 00:00:00 UTC ]
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Five book publishers have objected to restrictions that would be placed on Apple's business after it was found guilty last month of conspiring to fix prices for ebooks.A New York federal judge ruled in July that Apple conspired with the publishers to fix prices for ebooks, snuffing out... Continue reading at PC World
[ PC World | 2013-08-08 00:00:00 UTC ]
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Second quarter sales at Simon & Schuster held even at $189 million in the period ended June 30, 2013, while operating income jumped to $20 million from $7 million in last year’s second quarter. Continue reading at Publishers Weekly
[ Publishers Weekly | 2013-07-31 00:00:00 UTC ]
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With its reputation on the line, Apple vows to appeal the federal judge's ruling that it conspired with publishers to raise prices.SAN FRANCISCO — A New York federal judge's ruling that Apple Inc. conspired to raise electronic book prices cuts straight to the heart of the company's image as a... Continue reading at Los Angeles Times
[ Los Angeles Times | 2013-07-11 00:00:00 UTC ]
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A federal judge in America has ruled that Apple conspired to raise the retail prices of ebooks,... Continue reading at The Bookseller
[ The Bookseller | 2013-07-10 00:00:00 UTC ]
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A U.S. court has decided that the class-action designation of the copyright lawsuit brought against Google by the Authors Guild over the company's book-scanning project was "premature," and has returned the suit to a lower court for consideration of fair use issues.The Authors Guild filed its... Continue reading at PC World
[ PC World | 2013-07-02 00:00:00 UTC ]
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Apple didn't try to fix or raise the prices of electronic books when it entered into the market in 2010, according to Apple Senior Vice President Eddy Cue. Rather, he says, the company was only working to ensure a profit for itself."We're not willing to lose money in any business," Cue told the... Continue reading at PC World
[ PC World | 2013-06-18 00:00:00 UTC ]
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